Castiran

Project Title

Most properties for sale in Spain are sold Freehold. Especially when talking about Villas, apartments, and all other types of residential properties.

Commercial Properties on the other hand can be purchased either Freehold or Leasehold. Freehold means you have outright ownership of the property or land, this works the same way as purchasing a villa in Spain.

The first and most important advantage of buying a property in Spain is owning the property outright, therefore giving you an asset. As in all cases, hoping that your asset will appreciate in value the longer that you have the property. Owning the freehold of the property means that you will not have to pay a monthly rent unless, of course, you have a mortgage on the property. Purchasing the freehold property gives you as the owner the choice to then run the business for yourself or lease the premises to secure yourself a monthly income.